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CropLife's 2019 fertilizer outlook expects a slightly positive year for demand, with recovery depending on regional performance. It recaps a strong 2018 spring season, when retailers ran short of products, and notes US corn and soybean plantings were equal at 89.1 million acres each.
A modest demand recovery supports fertilizer prices somewhat, while the corn-to-soy acreage balance affects the nutrient demand that feeds into corn feed costs.
croplife.comEric SfiligojJan 9, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
